Digital Realty Trust, Inc. (NYSE:DLR) Shares Sold by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. lessened its stake in Digital Realty Trust, Inc. (NYSE:DLR) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,307 shares of the real estate investment trust’s stock after selling 1,220 shares during the quarter. Weatherly Asset Management L. P.’s holdings in Digital Realty Trust were worth $3,844,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Digital Realty Trust by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 47,390,848 shares of the real estate investment trust’s stock valued at $5,735,240,000 after purchasing an additional 971,032 shares during the last quarter. FMR LLC lifted its holdings in shares of Digital Realty Trust by 4.8% during the 3rd quarter. FMR LLC now owns 8,647,509 shares of the real estate investment trust’s stock valued at $1,046,522,000 after acquiring an additional 394,682 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Digital Realty Trust by 6.8% during the 3rd quarter. Morgan Stanley now owns 4,426,189 shares of the real estate investment trust’s stock valued at $535,658,000 after acquiring an additional 282,825 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Digital Realty Trust by 4.3% during the 3rd quarter. Northern Trust Corp now owns 3,887,691 shares of the real estate investment trust’s stock valued at $470,488,000 after acquiring an additional 160,730 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Digital Realty Trust by 6.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,151,172 shares of the real estate investment trust’s stock valued at $381,355,000 after acquiring an additional 180,869 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Digital Realty Trust Stock Up 2.0 %

Shares of DLR traded up $2.65 during midday trading on Tuesday, hitting $138.51. The company had a trading volume of 1,320,368 shares, compared to its average volume of 1,963,587. The company’s 50 day moving average price is $141.92 and its 200 day moving average price is $136.30. The stock has a market cap of $43.26 billion, a price-to-earnings ratio of 46.64, a PEG ratio of 3.11 and a beta of 0.54. Digital Realty Trust, Inc. has a 52 week low of $86.33 and a 52 week high of $154.18. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.92.

Digital Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend was Thursday, March 14th. Digital Realty Trust’s payout ratio is currently 164.31%.

Insider Transactions at Digital Realty Trust

In related news, Director Jean F. H. P. Mandeville sold 3,400 shares of the business’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $145.50, for a total transaction of $494,700.00. Following the completion of the sale, the director now owns 8,413 shares of the company’s stock, valued at approximately $1,224,091.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on DLR shares. Morgan Stanley lifted their target price on shares of Digital Realty Trust from $100.00 to $108.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd. Raymond James lifted their target price on shares of Digital Realty Trust from $140.00 to $170.00 and gave the company a “strong-buy” rating in a report on Friday, February 16th. Barclays lifted their target price on shares of Digital Realty Trust from $110.00 to $119.00 and gave the company an “underweight” rating in a report on Tuesday, March 5th. Royal Bank of Canada reiterated an “outperform” rating and issued a $144.00 price objective on shares of Digital Realty Trust in a report on Friday, February 16th. Finally, Scotiabank lowered shares of Digital Realty Trust from a “sector outperform” rating to a “sector perform” rating and set a $157.00 price objective on the stock. in a report on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $143.33.

Digital Realty Trust Company Profile

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.